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In the last few weeks, we’ve seen a lot of news stories about home prices losing their upward momentum in some U.S. cities. Let’s review what people are saying about home price trends in the United States.

This has to be one of the stupidest tax breaks ever.
The depreciation tax deduction lets landlords (but not homeowners) deduct about 3% of what they paid for their houses from their income each year.
Since they pay less in annual federal taxes, landlords can pay more when they buy rental houses, driving up home prices for everyone.

The Federal Reserve increased the federal funds rate (Fed rate) last month and currently many expect they’ll increase the rate another 0.5% by the end of the year.
I suspect when most home buyers see a headline that says, “The Fed raised interest rates 0.25%,” they think the 30-year mortgage rate went up 0.25%.